What kind of insurance is available and where could I find it for a fix and flip. Lender is asking to be listed as lien holder as well. Anyone have experience this before or is this standard? Sorry I’m a rookie!
Is there such a thing as one liability insurance provider being better than others in terms or a chance of paying out liability claims? If so, what is the name of such insurance provider? Property would be in NC. This...
Help! I know property insurance has gone up in certain locations such as Florida. But, our property Insurance has gone up across the board, across multiple states and in multiple asset classes including single tenant ...
We were notified that CBIZ was not renewing its policy with its STR insurance carrier (western world). After talking with our rep we also found out a lot of new policy providers restrict coverage to a 4-6 floor max a...
I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
I am a newbie and just made my first purchase of a triplex two months ago. I was surprised to receive a cancellation notice of my insurance policy after they inspected the exterior of the property. They said that 15% ...
Has anyone worked with Surplus Lines Insurers for home owner's insurance policies or builder's risk insurance? What are the positives and what are the negatives?
Good evening, I own a commercial property in NYC and recently sent a cancelation request to my insurance broker since I found a more affordable agent/plan.He replied by asking me to sign a termination notice (understa...
Hi, BP - when purchasing a vacant rehab property what type of property insurance must be in place at close of escrow? I've been told a couple different things and want to be sure - one person said that renter's insur...
I'm currently doing my due diligence on a multifamily that's located within a college campus. It's current tenants are not students but my plan is to replace the tenants with students within the year after purchase. ...